PayPal Preferred Over Credit Card | Ramblings of an e-trader

Tuesday, 13 December 2011

PayPal Preferred Over Credit Card

According to a survey by KPMG, PayPal is the preferred online payment over credit card. This survey was done on 10,000 adults from 31 countries who shop online. The study also found that in Europe and the Middle East, PayPal has already overtaken credit cards as the number one method to pay online.

In the same survey, it was found that just 27% of UK shoppers had shopped online using mobile banking over the past six months compared to 52% of global shoppers. This is because UK shoppers are concerned about cyber security.


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